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Cash Flow Management for Subscription-Based Revenue Models
If you’re running a subscription-based business, you’re in the game of recurring revenue—a model full of potential for steady income but...
Nov 7, 20244 min read


Hiring Seasonal Employees: What SMBs Need to Know About Payroll Taxes
For many small businesses, the busy season means bringing in extra hands to keep operations running smoothly. Whether you run a retail...
Oct 29, 20244 min read


Don't Leave Money on the Table: Essential Tax Credits You Might Be Missing
Tax preparers often encounter clients who are confused about the various tax credits available to them. Understanding these credits can...
Oct 25, 20245 min read


IRS encourages all taxpayers to sign up for an IP PIN for the 2025 tax season
The IRS is urging all taxpayers to sign up for an Identity Protection Personal Identification Number (IP PIN) for the 2025 tax season....
Oct 24, 20241 min read


How the 2025 Social Security Adjustments Will Impact Your Wallet
As we step into 2025, millions of Americans are set to experience a notable change in their Social Security benefits. The Social Security...
Oct 23, 20244 min read


Navigating the Corporate Transparency Act: Essential Insights and Compliance Reminder for SMBs
As we have previously shared , the deadline for compliance with the Corporate Transparency Act (CTA) is quickly approaching, and small...
Oct 17, 20242 min read


IRS Penalties: What Triggers Them and How to Avoid or Reduce Them
Tax season can be stressful, especially if you're worried about penalties. Whether you're an individual or a small business owner, IRS...
Oct 14, 20244 min read


IRS Provides Relief for Hurricane Helene Victims
The Internal Revenue Service has announced disaster tax relief for all individuals and businesses affected by Hurricane Helene, including...
Oct 14, 20244 min read


Protecting Our Seniors; Understanding and Preventing Scams
As our population ages, seniors increasingly become targets for a variety of scams. These fraudulent schemes can have devastating...
Aug 9, 20246 min read


Special Tax Deduction for Self-Employed Health Insurance
In the labyrinth of tax regulations, the self-employed health insurance deduction stands out as a beacon of relief for self-employed...
Jul 27, 20243 min read


Essential Tax and Financial Planning Strategies for Boomers and Gen Xers Approaching Retirement
As Boomers and Gen Xers approach retirement, effective financial planning becomes crucial to ensure a comfortable and secure future. This...
Jul 26, 20243 min read


Strategies to Prevent Costly Penalties from Underpaying Estimated Taxes
Underpayment penalties are a common concern for taxpayers, and many are unaware of how substantial they can be. These penalties are...
Jun 15, 20246 min read


Sec 529 College Savings Plan Features and Tax Benefits
A common question parents have is, “How might I save for a child’s post-secondary education in a tax-beneficial way?” The answer depends...
Jun 14, 20246 min read


Understanding the Tax Implications of Inheriting or Receiving a Home as a Gift
A frequent question, and a situation where taxpayers often make tax mistakes, is whether it is better to receive a home as a gift or as...
May 28, 20246 min read


Claiming Tax Benefits for Childcare Expenses
Many parents who work or are actively looking for work must arrange for care of their children after the school day ends, on weekends...
May 3, 20246 min read


Installment Sale – a Useful Tool to Minimize Taxes
Selling a property you have owned for a long period of time will frequently result in a large capital gain, and reporting all of the gain in
Apr 26, 20244 min read


Deductions and Credits - A Primer
You can use credits and deductions to help lower your tax bill or increase your refund. Deductions can reduce the amount of taxable...
Apr 6, 20245 min read


Biden's Tax Agenda
During his State of the Union Address before Congress on March 7, 2024, President Biden presented an overview of his tax agenda proposed...
Mar 22, 20246 min read


Can’t Pay Your Taxes? Here Are Some Options
About 3 out of 4 American taxpayers receive a refund each year when they file their income tax returns, but there are those who for one...
Mar 20, 20244 min read


Unique Charitable Giving Options
There are some unique ways to make charitable contributions that can provide tax advantages to the donor. Before deciding about your...
Mar 13, 20248 min read
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